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Indian stocks hit record highs; sensex crosses 81,000 for the first time
Updated On: 18 July, 2024 04:21 PM IST | Mumbai | mid-day online correspondent
Since Friday, the Nifty has increased about 485 points, or 1.98 per cent, while the Sensex has gained 1446 points or 1.79 per cent.
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Indian market indices rose to fresh highs on Thursday, with the Sensex reaching 81,000 for the first time. After a steady start, the indices accelerated throughout the day. At the time of this publication, the Sensex and Nifty were up 0.7-0.8 per cent.
"The positive from the Indian stock market perspective is that expectations of a weakening dollar will increase foreign portfolio inflows, imparting resilience to the market," said VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, reported ANI.
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